Simplify Logo

Full-Time

Ecosystem Associate

Posted on 6/27/2024

Monad Labs

Monad Labs

11-50 employees

Decentralized Layer 1 smart contract platform

Fintech
Crypto & Web3

Compensation Overview

$125k - $175kAnnually

Junior

New York, NY, USA

Requires onsite presence in NYC for three days per week.

Category
Data Management
Data Science
Data Analysis
Data & Analytics
Required Skills
Marketing
Requirements
  • Two or more years of experience in ecosystem growth at an L1/L2 blockchain or similar
  • Experience working at an early-stage startup
  • Strong existing relationships in the industry
  • Fluency in multiple languages
Responsibilities
  • Develop and execute new initiatives that grow the Monad ecosystem
  • Work alongside Business Development, DevRel, Marketing, and Operations teams to execute on initiatives
  • Collaborate with a range of counterparties, builders, investors, exchanges, infrastructure providers to promote the growth of the Monad ecosystem
  • Manage initiatives like grants programs and hackathons that bring builders to Monad and encourage them to compose with other Monad ecosystem apps

Monad operates in the blockchain and cryptocurrency market, providing a decentralized Layer 1 smart contract platform that is compatible with Ethereum. This platform allows developers to build decentralized applications (dApps) with improved performance and scalability compared to existing solutions. Monad can process up to 10,000 transactions per second using a technique called "superscalar pipelining," which enables the simultaneous execution of multiple transactions. This capability is particularly beneficial for applications that require high security and transparency, such as financial services and supply chain management. Unlike its competitors, Monad focuses on delivering a platform that supports more complex and high-usage applications, making it an appealing choice for developers and businesses. The company's goal is to capture a significant share of the growing blockchain market by providing an efficient and scalable solution for dApp development.

Company Stage

Series A

Total Funding

$235.8M

Headquarters

Remote, Oregon

Founded

2022

Growth & Insights
Headcount

6 month growth

70%

1 year growth

293%

2 year growth

530%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monad's high transaction speed and scalability can attract a wide range of developers and businesses, leading to rapid adoption and growth.
  • The recent $225 million Series A funding round led by Paradigm positions Monad for aggressive expansion and technological advancements.
  • Partnerships with entities like Hex Trust and OKX Ventures enhance Monad's ecosystem and credibility in the blockchain space.

What critics are saying

  • The competitive landscape in the blockchain sector is intense, with established players like Ethereum and Solana posing significant challenges.
  • Raising substantial funds and high valuation expectations can create pressure to deliver rapid results, potentially leading to strategic missteps.

What makes Monad Labs unique

  • Monad's Ethereum compatibility combined with its ability to handle up to 10,000 transactions per second through superscalar pipelining sets it apart from other blockchain platforms.
  • The focus on high-performance and scalability makes Monad particularly attractive for complex and high-usage decentralized applications (dApps).
  • Strategic partnerships and significant funding from major investors like Paradigm and OKX Ventures provide Monad with a strong financial and collaborative foundation.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health, Dental, and Vision coverage: you pick the plan, we reimburse 100% of your premium

$2,000 remote office equipment reimbursement

$200 monthly wellness and fitness reimbursement

Unlimited PTO, minimum 15 days per year

11 company-observed holidays in the US

Flexible work hours, flexible remote-work policy

Quarterly team on-sites

INACTIVE